The Ministry of Natural Resources, Energy and Mining (MNREM) is the Government Entity responsible for the administration of the minerals sector, including granting mining licences. It has statutory oversight of the energy, minerals, and forestry sectors. The minerals sector is regulated by the Mines and Minerals Act (1981) whiles the upstream oil and gas sector is regulated by the Petroleum Exploration and Production Act (1983) (PEPA). Plans are underway to review the legal instruments governing the extractive sector. Due to the importance of artisanal and small-scale mining, MNREM has drafted an Artisanal and Small Scale Mining Policy in an effort to stimulate and guide ASM operations by administering, regulating and facilitating the growth of the sub-sector through a well-organised and efficient institutional framework.
The main taxes and fees imposed on companies operating in the mining sector include Corporate tax, Dividends Tax, Royalties and Fees. The Malawi Revenue Authority (MRA) is the main body responsible for collecting and managing taxes paid to the central government.
Oil and mining contracts are public and are available online.
Mining licenses are awarded on a ‘first come first served’ basis, while oil and gas licenses have been awarded through restricted competitive tenders. Malawi has a public mining cadastre available online.